American Woodmark Corp. (AMWD) Posts Quarterly Earnings, Beats Estimates By $0.16 EPS
American Woodmark Corp. (NASDAQ:AMWD) posted its quarterly earnings results on Tuesday. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.16, AR Network reports. The company had revenue of $211.90 million for the quarter, compared to the consensus estimate of $196.92 million. During the same quarter in the prior year, the company posted $0.43 earnings per share.
In other American Woodmark Corp. news, Director William F. Brandt sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $31.31, for a total value of $31,310.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of American Woodmark Corp. (NASDAQ:AMWD) opened at 31.33 on Tuesday. American Woodmark Corp. has a 52 week low of $25.10 and a 52 week high of $39.97. The stock’s 50-day moving average is $31.05 and its 200-day moving average is $31.40. The company has a market cap of $486.1 million and a price-to-earnings ratio of 23.26.
On a related note, analysts at Zacks upgraded shares of American Woodmark Corp. from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 5th. They now have a $30.90 price target on the stock.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.